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The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
On May 20, 2025, the Argentine Government extended lower export tax on wheat and barley of 9.5 percent through March 2026. All the other commodities will return to their higher previous levels on July 1, 2025.
Post forecasts Ethiopia’s wheat production to reach 6.5 million metric tons (MT) in MY 2025/26, driven by improved yields and expanded irrigated farmland. In the same period, wheat imports are projected to decline by 24 percent to 1.3 million MT.
Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Post maintains its estimate of Algeria’s wheat plated area at just over 2 million hectares for the entire country. For the MY 2024/25, Post projects production for wheat and barley to remain in line with the current MY of 2.7 million MT of wheat and 1.02 million MT of barley.
Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are increased, while wheat production is forecast lower based on less planted area.
In response to wheat prices that have surged in recent months and to build stocks, the Government of Morocco introduced a support program for the import of 2.5 million MT of common wheat.